Type: Att/Row/Townhouse
Style: 3-Storey
Size: Sq Ft
Age: Years
Taxes: $ 9,499 ( 2026)
Updated: 2026-10-15 15:45:07
Welcome to a rare opportunity in one of downtown Toronto\'s most coveted addresses - an M5V postal code, no less! Tucked into the heart of the city, this Niagara St property is perfectly suited for investors or anyone ready to plant roots in a beautiful, established downtown neighbourhood. The main entrance offers a warm and inviting introduction to what could easily serve as your primary residence, while the basement level brings serious income potential to the table. With both a front and back separate entrance, this lower level is ideally set up to become its own self-contained unit - helping offset renovation costs or generate steady rental income from day one. Step outside and discover a charming, sun-dappled backyard, shaded by the natural grace of mature trees. It\'s a peaceful little escape that feels worlds away from the bustle of the city, even though you\'re right in the middle of it. A private parking spot at the rear of the building means your car stays protected from the elements - no more scraping snow off the windshield on a cold Toronto morning. And here\'s where things get even more exciting: with laneway units now permitted in the city, that same parking spot presents the opportunity to build a second income-generating unit. Whether you\'re looking to add long-term rental income, create a space for extended family, or simply maximize the property\'s value, the potential here is significant. Location doesn\'t get much better than this. You\'re just steps from 1 Hotel Toronto and Stack\'t Market, with Old York Tavern nearby for a great night out. A cosmetic medical clinic is also coming soon just across the street, and The Well is only moments away - bringing even more shopping, dining, and lifestyle amenities right to your doorstep. Add in countless parks and restaurants throughout the neighbourhood, and you have a location that truly has it all. This home truly deserves to be seen in person.
Att/Row/Townhouse
Status: For Sale
MLS #: C14031006
Price: $ 1,199,000
Address: 87 Niagara Street
Type:
Style: 3-Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 9,499
Tax Year: 2026
Lot Size:
Neighbourhood: Niagara
Nearest Intersection: Niagara St/Bathurst St
City: Toronto
Postal Code: M5V 1C9
DOM: 7 Days
Last Update: 2026-10-15 15:45:07
Bedrooms: 4
Bathrooms: 2
Rooms: 0
Kitchens: 2
Family Room:
Fireplace:
Basement: Finished with Walk-Out,
Central Vacuum:
Exterior: Vinyl Siding Brick,
Driveway:
Garage:
Garage Spaces:
Parking Spaces: 1.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Baseboard
Heat Source: Gas
Air Conditioning: Central Air
Water:
Sewers: